MADISON, WI – October 11, 2023 – Ryan Black, Vice President II – SBA Lending at First Business Bank, announces a recently closed and funded SBA 7(a) loan for a business acquisition in the Pacific Northwest.

The $2.2 million SBA 7(a) loan for a Portland, OR, consulting and staffing firm was secured by a woman-owned business with an excellent existing relationship with a large utility company. “With a top-notch customer like a utility company and years of industry experience, our client is poised to grow this business over the next several years,” Black said.

“If I had to do it all over again, I would not hesitate to work with First Business Bank,” said the business owner. “First Business Bank made the SBA loan acquisition clear, straightforward, and easy. Their high level of commitment to excellence is transparent in all they do. They wanted to learn about my business and about me. This made a big difference in my decision to work exclusively with them.”

An SBA-designated Preferred Lending Partner, First Business Bank’s Top 100 SBA Lending team provides efficient access for businesses to several SBA loan programs, including 7(a) loans, 504 loans, and the International Trade Loan program. The team operates nationwide to assist businesses with various needs, such as commercial real estate purchases, tenant improvements, equipment, working capital, business startup costs, inventory, business acquisitions, and debt refinancing. 

About First Business Bank
First Business Bank® specializes in Business Banking, including Commercial Banking and Specialty Finance, Private Wealth, and Bank Consulting services, and through its refined focus delivers unmatched expertise, accessibility, and responsiveness. Specialty Finance solutions are delivered through First Business Bank’s wholly owned subsidiary First Business Specialty Finance, LLC®. First Business Bank is a wholly owned subsidiary of First Business Financial Services, Inc®. (Nasdaq: FBIZ). For additional information, visit Member FDIC